German Government Warns Of Massive Job Loss Due To Electric Cars

By Mark Kane Progressing electrification is expected to cause massive job losses in Germany. Assuming that all-electric and hybrid cars will take respectively 25% and 15% of production by 2030, some 75,000 jobs could be lost in the German automotive industry. Higher plug-in adoption would cut more than 100,000 jobs. The reason behind …read more

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